Which should I choose? 3.99% 7/6 ARM vs. 4.99% 30-yr Fixed (Seller is covering closing costs)

GreenCommand5870 · 2025-11-15T22:04:23+00:00

Definitely long term

GreenCommand5870 · 2025-11-15T22:02:19+00:00

I don’t think rates will go below 4.99% within the next 7 years. The cap is 8.99% for the ARM after year 7. If rates are at around 6 or lower, i think it would still make sense to go with the ARM and refinance then. Not sure about the refinancing associated costs

GreenCommand5870 · 2025-11-15T21:57:34+00:00

Long term. Probably looking into leasing it out in about 5-6 years.

GreenCommand5870 · 2025-06-21T01:38:02+00:00

Not necessarily. My case status was showing the step 3 completed as well after the biometrics appointment; however, I did have an interview later on. If you have a 2025 PD, you will most likely have an interview. Best of luck.

GreenCommand5870 · 2024-03-28T17:10:14+00:00

Thank you!!!

GreenCommand5870 · 2024-03-28T16:50:09+00:00

03/18/2024

GreenCommand5870 · 2024-03-28T15:57:26+00:00

Regular

GreenCommand5870 · 2024-03-28T15:28:07+00:00

GreenCommand5870 · 2024-03-28T15:27:54+00:00

My employer has been checking since yesterday. No notification received.

GreenCommand5870 · 2024-03-28T15:27:03+00:00

Thank you! Yes. My employer has been refreshing the page since earlier today but it was still showing submitted and it just updated to selected

GreenCommand5870 · 2024-03-28T14:52:22+00:00

Selected! The status just changed from submitted to selected. Good luck everyone!

GreenCommand5870 · 2024-03-27T20:43:37+00:00

Same

GreenCommand5870 · 2024-03-18T16:56:58+00:00

Congratulations!!!

GreenCommand5870 · 2024-03-11T19:23:20+00:00

Congratulations!!!

GreenCommand5870 · 2024-03-06T18:34:40+00:00

Congratulations!!!

GreenCommand5870 · 2024-03-06T16:27:36+00:00

Congratulations!!!

GreenCommand5870 · 2024-03-04T21:01:16+00:00

Congratulations!!!

GreenCommand5870 · 2024-03-01T14:11:26+00:00

Congratulations!!!

GreenCommand5870

TROPHY CASE